Almost to Prague! One more flight!

Is Britain still really a country anymore? Their two-tiered justice system worked so much better when it was the relatively few rich vs. Everyone else…but now that it is immigrants getting off Scott free and the indigenous population being oppressed, it’s more like a prison colony or some sort of coup than a legit country.

I know people are bummed about bitcoin liquidity / price at the moment, but it makes conferences more fun. I strongly recommend @BTC Prague which is next weekend and @bitcoinbushbash in July in Palm Cove (high signal, requires modest proof of work to get there, so keeps the crowd great and free of 💩coinery).

All those bitcoin backed loans at $120k are looking vulnerable right now. I know they say you buy Bitcoin at the price you deserve, but I also think it’s true that you sell Bitcoin at the price you deserve. Don’t get out over your skis folks! That said, doing so now is by definition less risky than doing so in October.

AI is exactly what Linux needs to reach more users. I don’t mean Linux needs to bundle AI services for users to use AI from the OS, I mean many users will get much more from Linux with an AI assistant to help them answer the unending slew of problems Linux throws at the user with minimal context. Claude code is helping me fix my service files and installed dependencies for stuff I didn’t realize was clearly broken.

Anyone going to @BTC Prague ? I starting to get excited…it’s a great conference.

I was going to feel bad about Bitcoin price but then I realized I wasn’t planning on selling any anyhow…and thus this is a Bitcoin sale and my DCA will go further. And seriously, what would you even sell bitcoin for? Dollars? Treasuries? There is still room on the lifeboat. The Is federal debt requires GDP to increase to bring down the ratio sooner or later…thus your future income will be higher, as will your future expenses…we used to call this inflation but some see that as unpatriotic…whatever.

Imagine how rich you would be if you took the opposite of Peter Schiff’s advice on Bitcoin 15 years ago. Some people (like Peter) can’t permit their brain to consider the possibility that gold is continuing to be demonetized (notice gold is now only rarely correlated to liquidity whereas it used to define it) and Bitcoin is being monetized (notice that Bitcoin used to be correlated to nothing and now strongly tracks liquidity). Is it possible Bitcoin will correlate with global credit like gold does (note that central banks buy gold and central banks are the foundation for credit; essentially, gold still serves as collateral for currency — money by definition is the collateral for currency!). This implies a valuation model for gold and Bitcoin. Do the math. Assign a probability. Allocate accordingly.

Petty criminals steal the cash you have on you. Professional criminals steal from your bank account. Elite criminals steal your bank. And government criminals steal the very essence of cash itself, affecting everyone. Bitcoin fixes this.

I’m finally got a chance to play with my @COLDCARD mark 5…I love the buttons and the increase in speed while scrolling…and mine glows in the dark, which I think is uber cool. While I still prefer my Q for serious business, I look forward to the Q2 someday. The mk5 feels snappier, and a Q2 with better keyboard and faster scrolling would be epic, if obviously more expensive to build.